Law:

Caught in Real Estate Downturn, Firm Cuts Attorneys' Pay by 12 Percent
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Bingham Lays Off Bay Area Staff
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Start Date Watch: K&L Gates
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Lovells matches magic circle with new associate salaries
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Everything You Always Wanted To Know About Starting Bonuses But Were Afraid To Ask
(DBN Subscription Required)

Discrimination Suit Filed Against Weil Gotshal
(DBN Subscription Required)

Partners Feud Over $103M Payday
(DBN Subscription Required)

Lawyer Seeks $30M From Former Firm, Claims Major Role in $1.3B Case
(DBN Subscription Required)

Lerach reports to California prison
(DBN Subscription Required)

As Bill Lerach Reports to Prison . . . A Look at What Awaits
(DBN Subscription Required)

Richardson & Patel to Acquire Bankruptcy Firm
(DBN Subscription Required)

How One BigLaw Firm Handled California's Same-Sex Marriage Case Pro Bono
(DBN Subscription Required)

Lawyers Find Upside to Letting BigLaw Leave the Station Wirhout Them
(DBN Subscription Required)

'Big Wig' Barristers See QC Numbers Fall for Third Year
(DBN Subscription Required)

Who's biggest in Houston law
(DBN Subscription Required)

Top Legal Department of 2008: Qwest Communications
(DBN Subscription Required)

Tyco and Eversheds, version 2.0
(DBN Subscription Required)

Miami Bar Turns out in Droves to Honor Ben Kuehne
(DBN Subscription Required)

Calif. Bar Votes to Require Client Disclosure on Malpractice Insurance
(DBN Subscription Required)

7th Circuit's caseload tails off again
(DBN Subscription Required)

BigLaw Associates Scrambling to Land at New Practices Before the Layoff Ax Falls
(DBN Subscription Required)

How to Minimize Legal Holds' Spoliation Risks
(DBN Subscription Required)

Judge Lets Stand Nine-Month Suspension for Giving 'Noogies'
(DBN Subscription Required)

The late Johnnie Cochran's billboard legacy
(DBN Subscription Required)

Accountant Tells What He's Learned About Managing a Law Firm
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The Eyes of the Law: One Angry Woman
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Judges:

Two Judges Go on Trial Over Kickbacks
(DBN Subscription Required)

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Banking:

Citi Analyst Foresees Tough Times for Banks
(DBN Subscription Required)

Citi slashes earnings outlook on Goldman, Lehman and Morgan Stanley
(DBN Subscription Required)

Wachovia, Fifth Third Face Insurance Losses Tied to Hedge Funds
(DBN Subscription Required)

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M&A:

BCE buyout in trouble
(DBN Subscription Required)

Owner of Bill Blass Faces Cash Shortage After Acquisition
(NYT: separate free registration required)

NexCen shares plummet on going-concern warning
(DBN Subscription Required)

Buffett Sees More Targets in Europe Than in Emerging Markets
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Wall Street:

Words of Caution Deflate Optimism
(NYT: separate free registration required)

"We're not even halfway through"
(DBN Subscription Required)

Stocks Decline in Europe and Asia; US Index Futures Retreat
(DBN Subscription Required)

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Tax:

Muni Bond Tax Exemptions Upheld by US Supreme Court
(DBN Subscription Required)

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Municipalities:

Bankruptcy: Painful, but the right call
(DBN Subscription Required)

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Hedge Funds:

Reticent Hedge Funds Chafe Under Bankruptcy Code
(DBN Subscription Required)

Citi Fund's Plunge Prompts Lawsuit
(WSJ: separate paid subscription required)

Deadbeat Hedge Funds? Delphi Says So
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Hedge fund operator accused of bilking investors
(DBN Subscription Required)

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Hotels:

Hyatt lender seeks foreclosure
(DBN Subscription Required)

Global Hotel Deals Decline on Credit Squeeze
(DBN Subscription Required)

Akron council refuses hotel bailout
(DBN Subscription Required)

Trustee can't form creditors panel
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Politics:

McCain Defends 'Enron Loophole'
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Tech:

Bankruptcy not ahead for X-Rite, CFO says
(DBN Subscription Required)

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Movie Industry:

Christal Films gets bankruptcy protection
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Bankruptcy Litigation:

Sentinel execs pay out in fraud lawsuit settlement
(DBN Subscription Required)

Frivolous bankruptcy litigations are crowding out claims that actually have some merit
(DBN Subscription Required)

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Agriculture:

Despair and anger in tobacco country
(DBN Subscription Required)

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Derivatives:

Here's why average people should care about credit swaps
(DBN Subscription Required)

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Accounting:

Fair-Value Accounting's "Atmosphere of Fear"
(DBN Subscription Required)

E&Y: The Real Price of Payoffs
(DBN Subscription Required)

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Debt Collection:

Complaints about debt collectors on the rise
(DBN Subscription Required)

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Real Estate:

Bush Won't Back Bailout of Lenders
(NYT: separate free registration required)

Dodd, Shelby Reach Agreement on Anti-Foreclosure Bill
(DBN Subscription Required)

Bunning Blasts Bailout
(DBN Subscription Required)

Subprime Suits Expected to Dwarf S&L Litigation, New Report Suggests
(DBN Subscription Required)

Levitt to give burned buyers first shot at finished home
(DBN Subscription Required)

Bush Wants Fannie/Freddie Regulatory Overhaul
(WSJ: separate paid subscription required)

SoCal home sales jump 22 pct in April from March
(DBN Subscription Required)

Mary Had a Little Lamb and a Jumbo Mortgage
(DBN Subscription Required)

Carlyle, Blackstone Miffed at Bankrupt Homebuilder
(NYT: separate free registration required)

Thornburg says to post 'substantial' qtrly loss
(DBN Subscription Required)

Thornburg needs more time
(DBN Subscription Required)

Commercial property prices headed for a great fall
(DBN Subscription Required)

Maguire Says He Chose to Leave
(WSJ: separate paid subscription required)

Maguire Properties' new chief executive faces major test
(DBN Subscription Required)

Subprime Losses Top $379 Billion on Balance-Sheet
(DBN Subscription Required)

When landlords lose homes, tenants face short-notice moves
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Tarrant developer could face more jail time after failing to file bankruptcy paperwork
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Gotti loan shark gets shaken down in USA Commercial Mortgage
(DBN Subscription Required)

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Aviation:

Major-Airline Bankruptcy: It's When, Not If, Says JP Morgan
(DBN Subscription Required)

British Airways CEO sees more bankruptcies, mergers
(DBN Subscription Required)

Downward Spirals
(DBN Subscription Required)

JP Morgan on US airlines: "There will be blood"
(DBN Subscription Required)

Major carriers falloff as Alaska, JetBlue rise
(DBN Subscription Required)

Turbulence hits US regionals
(DBN Subscription Required)

Air Taxis Fly Into Financial Turbulence
(NYT: separate free registration required)

No slowdown in business jet sales, despite gloomy economic forecasts
(DBN Subscription Required)

Satisfaction with US airlines lowest since 2001
(DBN Subscription Required)

Letting Fliers Buy Protection Against Delays
(WSJ: separate paid subscription required)

Consumers rank Ameren, Charter at bottom in satisfaction
(DBN Subscription Required)

British Air Says US Airline Talks in `Early Stage'
(DBN Subscription Required)

Airline satisfaction falls as ticket prices rise
(DBN Subscription Required)

Credit crunch starts to bite the smaller players
(DBN Subscription Required)

Premium carriers dwindle in number
(DBN Subscription Required)

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Retailing:

Lowe's profit falls 18%, hurt by housing market
(DBN Subscription Required)

Home Depot posts lower quarterly profit
(DBN Subscription Required)

Home Depot Profit Beats Estimates on Store Cuts; Shares Rise
(DBN Subscription Required)

Is Sears going to make it?
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Experts Warn About Gift Cards As Economy Struggles
(DBN Subscription Required)

The Healthy Back Store buys assets from JoAnne's Bed & Back Stores
(DBN Subscription Required)

Furniture Retailers Slash Prices
(WSJ: separate paid subscription required)

Survival of the Fittest
(DBN Subscription Required)

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Economy:

Leading Economic Indicators Index Rose in April
(DBN Subscription Required)

Leading Indicators Show Economy Remains Sluggish
(NYT: separate free registration required)

Index Implies Slowdown May Prove a Short One
(NYT: separate free registration required)

Producer Prices in US Probably Rose in April on Energy Costs
(DBN Subscription Required)

U.S. Raises Forecast for Food Prices
(WSJ: separate paid subscription required)

TED Spread Falls to 9-Month Low, Signaling Credit Crunch Easing
(DBN Subscription Required)

No end in sight to market woes say Trichet, Buffett
(DBN Subscription Required)

Credit Crisis Will Extend Into 2009, Oppenheimer Says
(DBN Subscription Required)

Back to 1979?
(DBN Subscription Required)

Treasuries Advance as IMF Sees `Risks' to Financial System
(DBN Subscription Required)

What's next for the economy? Look at California
(DBN Subscription Required)

Oil fluctuates around $127/bbl on supply fears
(DBN Subscription Required)

Opec says oil could hit $200
(DBN Subscription Required)

13 Mideast states have advanced nuclear programs
(DBN Subscription Required)

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Food/Drink:

Steakhouse Partners files for bankruptcy
(DBN Subscription Required)

Sizzler's postponed sale example of restaurant troubles
(DBN Subscription Required)

Texas Roadhouse offering an entree for gift certificates from bankrupt Roadhouse Grill
(DBN Subscription Required)

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Utilities:

Customers moved to new provider as electric retailer misses payments
(DBN Subscription Required)

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Corporate Reform:

SEC Sues, Fines Eight Ex-AOL Executives Over Inflated Revenue
(DBN Subscription Required)

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Boating:

Economic Tide Is Rising for Repo Man
(DBN Subscription Required)

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Fraud:

Ponzi Scheme Is A Family Thing, SEC Says
(DBN Subscription Required)

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Consultants:

Lewis B. Freeman & Partners names principal
(DBN Subscription Required)

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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN Subscription Required)

Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
(DBN Subscription Required)

____________

Autos:

UAW President: American Axle Deal 'Not A Good Agreement'
(DBN Subscription Required)

American Axle shares fall as workers begin to vote
(DBN Subscription Required)

American Axle deal upsets workers
(DBN Subscription Required)

Analysts: Axle's labor cost still high - Wall St. sizes up settlement as UAW workers begin vote on wage-trimming contract
(DBN Subscription Required)

Plastech Plans to Sell Main Businesses at Auction
(WSJ: separate paid subscription required)

GM extends deadline for buyouts
(DBN Subscription Required)

Auto Slump May Have Broad Reach
(WSJ: separate paid subscription required)

Car Makers' Boom Now Looks Like a Bubble
(WSJ: separate paid subscription required)

______________

Health Care:

Final days for NOMC?
(DBN Subscription Required)

Hospital bad debt soars
(DBN Subscription Required)

Fig. converts to Chapter 7 bankruptcy to dissolve firm
(DBN Subscription Required)

Go Fig moves toward public auction
(DBN Subscription Required)

Victory Hospital's ER Now Closed!
(DBN Subscription Required)

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Layoffs:

Thomson Reuters to Cut 1,500 Jobs
(WSJ: separate paid subscription required)

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Celebs:

Judge denies Lou Pearlman's request to delay trial
(DBN Subscription Required)

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Personal Finance:

Buying in bulk goes the way of $2 gas
(DBN Subscription Required)

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Predatory Lending:

Check Into Cash Plans to Close 93 Ohio Centers
(DBN Subscription Required)

Hundreds To Lose Jobs When Payday Loan Company Closes In OH
(DBN Subscription Required)

Ohio (Effectively) Bans Payday Lending
(DBN Subscription Required)

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Metals:

Sturgis judge to weigh $41M offer
(DBN Subscription Required)

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Insurance:

AIG Says Capital Raise Will Total About $20 Billion (Update1)
(DBN Subscription Required)

Greenberg Role Seen in Gen Re Case
(WSJ: separate paid subscription required)

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Newspapers:

Gannett numbers get worse
(DBN Subscription Required)

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Pensions:

Americans worry about funding long retirement
(DBN Subscription Required)

Only six S&P 500 companies have overfunded retiree health benefit plans
(DBN Subscription Required)

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Forest Products:

Madill can use cash collateral
(DBN Subscription Required)

______________

UK:

Northern Rock Says Housing Decline May `Seriously' Hurt Plan
(DBN Subscription Required)

Middle class plunged into debt
(DBN Subscription Required)

British Land Reports First Annual Loss in at Least 20 Years
(DBN Subscription Required)

More go to the wall as credit crunch begins to bite
(DBN Subscription Required)

Investors Doubtful of BOE Ability to Fight Inflation
(DBN Subscription Required)

Unsecured UK Consumer Debt Sales Topped £7.4 Billion in 2007
(DBN Subscription Required)

Major U.K. Lender Pulls Its Entire Mortgage Range
(DBN Subscription Required)

Big companies 'pay no UK tax'
(DBN Subscription Required)

______________

Germany:

One in Eight Germans Are Caught in Poverty Trap
(DBN Subscription Required)

German Investor Confidence Unexpectedly Fell in May
(DBN Subscription Required)

______________

Korea:

Goldman Sachs axed from SKorea shipyard sale: creditor
(DBN Subscription Required)

Prosecutors seek jail for Hyundai chair
(DBN Subscription Required)

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Canada:

Judge puts commercial paper plan on hold
(DBN Subscription Required)

______________

Japan:

BOJ Keeps Key Rate at 0.5% on Slowing Growth Outlook
(DBN Subscription Required)

Morgan Stanley Cuts Securitization Jobs in Japan
(DBN Subscription Required)

______________

China:

China Banks Extend More Loans, Ease Terms After Quake
(DBN Subscription Required)

______________

Australia:

Centro Properties Sales Growth Quickens to 7%
(DBN Subscription Required)

______________

New Zealand:

New Zealand Outlook for House Prices Falls to Record Low
(DBN Subscription Required)

______________

Mexico:

The U.S. Recession Hits Mexico
(DBN Subscription Required)

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